American Airlines Group Inc. (NASDAQ:AAL) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

American Airlines Group Inc. (NASDAQ:AALGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the nineteen ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $17.62.

A number of analysts have recently issued reports on AAL shares. Sanford C. Bernstein lifted their price objective on shares of American Airlines Group from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. Morgan Stanley reissued an “overweight” rating and issued a $20.00 price objective on shares of American Airlines Group in a research report on Tuesday, March 5th. UBS Group began coverage on American Airlines Group in a research note on Wednesday, March 20th. They set a “buy” rating and a $19.00 target price for the company. HSBC started coverage on American Airlines Group in a report on Monday, May 13th. They issued a “buy” rating and a $17.90 price target for the company. Finally, Citigroup restated a “buy” rating and set a $20.00 price objective on shares of American Airlines Group in a report on Thursday, March 14th.

View Our Latest Analysis on American Airlines Group

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Vermillion & White Wealth Management Group LLC bought a new position in American Airlines Group in the 4th quarter worth approximately $27,000. DekaBank Deutsche Girozentrale acquired a new stake in American Airlines Group in the 3rd quarter worth $33,000. Quarry LP bought a new position in shares of American Airlines Group during the 4th quarter worth about $34,000. Beaird Harris Wealth Management LLC lifted its stake in shares of American Airlines Group by 51.3% in the first quarter. Beaird Harris Wealth Management LLC now owns 2,345 shares of the airline’s stock valued at $36,000 after buying an additional 795 shares during the period. Finally, GAMMA Investing LLC acquired a new stake in American Airlines Group during the fourth quarter worth about $38,000. 52.44% of the stock is owned by institutional investors.

American Airlines Group Stock Down 2.9 %

Shares of NASDAQ AAL opened at $13.44 on Wednesday. The stock has a market capitalization of $8.82 billion, a PE ratio of 22.40, a P/E/G ratio of 0.20 and a beta of 1.57. The firm has a fifty day moving average of $14.23 and a 200-day moving average of $14.07. American Airlines Group has a 52-week low of $10.86 and a 52-week high of $19.08.

American Airlines Group (NASDAQ:AALGet Free Report) last released its quarterly earnings data on Thursday, April 25th. The airline reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.06). American Airlines Group had a net margin of 0.94% and a negative return on equity of 31.65%. The firm had revenue of $12.57 billion during the quarter, compared to analyst estimates of $12.60 billion. During the same period in the prior year, the firm earned $0.05 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. Equities research analysts expect that American Airlines Group will post 2.6 EPS for the current fiscal year.

American Airlines Group Company Profile

(Get Free Report

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.

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Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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